2023
Exports
$260MWorld Rnk 81 / 219
Flag Rnk 16 / 95
2023
PRODUCT COMPLEXITY IN Iron & steel
1.66Rnk 26 / 1025
2023
Imports
$2.02BWorld Rnk 44 / 224
Flag Rnk 5 / 96
2023
ECONOMIC COMPLEXITY of Uzbekistan
-0.22Rnk 74 / 132

About

Exports In 2023, Uzbekistan exported $260M in Iron & steel, making it the 81st largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 16th most exported product in Uzbekistan. The main destination of Iron & steel exports from Uzbekistan are: Singapore ($59.7M), Turkey ($58.9M), Kazakhstan ($50.3M), Tajikistan ($27.2M), and Lithuania ($18.1M).

The fastest growing export markets for Iron & steel of Uzbekistan between 2022 and 2023 were Turkey ($58.4M), Russia ($10.9M), and Lithuania ($10.2M).

Imports In 2023, Uzbekistan imported $2.02B in Iron & steel, becoming the 44th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 5th most imported product in Uzbekistan. Uzbekistan imports Iron & steel primarily from: Russia ($1B), Kazakhstan ($553M), China ($343M), Iran ($40.4M), and South Korea ($13.2M).

The fastest growing import markets in Iron & steel for Uzbekistan between 2022 and 2023 were China ($183M), Kazakhstan ($17.8M), and United Kingdom ($2.88M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron & steel. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$260M
IMPORTS (2023)$2.02B
NET TRADE (2023)-$1.76B

In 2023, Uzbekistan exported $260M in Iron & steel. The main destinations of Uzbekistan exports on Iron & steel were Singapore ($59.7M), Turkey ($58.9M), Kazakhstan ($50.3M), Tajikistan ($27.2M), and Lithuania ($18.1M).

In 2023, Uzbekistan imported $2.02B in Iron & steel, mainly from Russia ($1B), Kazakhstan ($553M), China ($343M), Iran ($40.4M), and South Korea ($13.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Uzbekistan WERE (2022 - 2023):
Turkey$58.4M (13.1k%)
Russia$10.9M (256%)
Lithuania$10.2M (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Uzbekistan WERE (2022 - 2023):
United Kingdom-$11M (-100%)
Poland-$6.41M (-82.1%)
Kazakhstan-$6.15M (-10.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uzbekistan's main exporting competitors in Iron & steel were:
China $66.2B
Germany $32.6B
Japan $31.6B
In 2023, Uzbekistan's main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $4.75M
TOP IMPORT POTENTIALChina+ $47.6M

Iron & steel’s highest export potential is Poland. With an export gap of $4.75M.   Iron & steel’s highest import potential is China with an import gap of $47.6M.

See methodology.

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